Company insolvency figures for October have been released and they are quite frankly, frightening. The number of company insolvencies in England and Wales last month were 38% higher than October 2021 and 32% higher than pre-pandemic levels, with 1,948 companies filing for insolvency. The 242 compulsory liquidations reported in October this year were a staggering …
There’s never been a more critical time to make sure your business credit score is in the best shape possible. With costs spiralling and the value of unpaid invoices rocketing by over 20% it is vital for companies to get to grips with their credit file and ensure they can get the best possible supplier …
The Importance of Building Your Business Credit Score Read More »
Inflation in the UK has spiked to 9.1%, the highest level in more than 40 years. Figures from May 2022 have revealed the soaring costs of gas, electricity, food and transport are having a dramatic impact on business cashflow as we feel the squeeze from the worsening cost of living crisis. The recent hikes in …
UK Inflation Rockets To The Highest Level in Over 40 Years Read More »
75% of SMEs in the UK are fearful of the long-term effects of the UK’s cost of living crisis. This comes off the back of Barclays SME Barometer, a survey of business sentiment released each quarter. Inflation and spiralling costs for raw materials, goods, machinery and energy have dominated headlines this year and even with …
SMEs Are Bracing Themselves For The Impact of The Cost of Living Crisis Read More »
New research from Begbies Traynor “Red Flag Alert” has revealed stark figures, signalling a 19% year on year increase in the number of companies in critical financial stress, with 1,891 companies affected in Q1 2022. The industry most at risk is construction. The construction industry has felt the brunt of the late payment problem with …
Numbers of Businesses at Risk of Collapse Are Rocketing Read More »
Through our quality of service and professionalism, Darcey Quigley & Co has developed relationships with businesses of all sizes that has seen us work together time and time again since our formation in 2007. Our approach to commercial debt recovery is tailored to meet the requirements of our clients, and for many of those we …
Our relationship with you and your relationship with your clients Read More »
“If I use a debt recovery agent, I will lose my customer and ruin my brand image” Many people seem reluctant to outsource their overdue invoices to a third party because they believe that the relationship between them and their customer will end. This is opposite to the way a professional collection agency operates. Here …
Protect Your Brand, Keep Your Customer Happy and Get Paid Read More »
With over 10 years of experience chasing late payers and bad debtors in the Commercial Debt Recovery industry, Darcey Quigley have heard it all. Having recovered millions of pounds of overdue accounts around the world we have experienced our fair share of weird and wonderful excuses for non-payment. With over 20 years of industry experience …
The reality is, no matter how many sales you make, nothing brings your business down to its knees like a cash flow crisis. A delay in incoming revenue can be disastrous for small and medium sized businesses. With many SME’s relying heavily on a good cash flow, unpaid debts and delays with incoming revenue can …
Turnover is vanity, profit is sanity, but cash is reality! Read More »
International Commercial Debt Recovery Recovering monies from clients within the UK can be challenging and very time consuming for many businesses and credit control departments. Collecting monies from clients abroad can be even more difficult Using the same processes as our UK recovery service, we tailor our approach to your debtor, working around any …
